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SharpLink Gaming Ltd. (SBET) Corporate Logo

SharpLink Gaming Ltd. (SBET) Stock Price & Analysis

Market: NASDAQ • Sector: Consumer Cyclical • Industry: Gambling, Resorts & Casinos

SharpLink Gaming Ltd. (SBET) Profile & Business Summary

SharpLink Gaming Ltd. operates as an online technology company that connects sports fans, leagues, and sports websites to sports betting and iGaming content. It operates through Affiliate Marketing Services – United States, Sports Gaming Client Services, Enterprise Telecom Expense Management, and Affiliate Marketing Services – International segments. The company collects information on potential U.S. domiciled sports bettors, connects them with contextual sports betting content, and converts them to paying sports betting customers, as well as offers sports betting data to sports media publishers. It also provides development, hosting, operations, maintenance, and service of free-to-play games and contests; and solutions for telecommunications expense management, enterprise mobility management, call usage, and accounting software, as well as iGaming and affiliate marketing network, which focuses on delivering quality traffic and player acquisitions, and retention and conversions to global iGaming operator partner worldwide. The company was founded in 2019 and is headquartered in Minneapolis, Minnesota.

Key Information

Ticker SBET
Leadership Joseph Chalom
Exchange NASDAQ
Official Site https://www.sharplink.com
CIK Number 0001981535
View SEC Filings

Market Trend Overview for SBET

One model, two time views: what the market looks like right now, and where the larger trend is heading over time.

Current Market Context (Short-Term)

As of 2026-02-06 (ET), SBET is moving lower. Price at 7.03 is close to support near 5.93. Moves may slow down, and resistance is near 10.04. View Support & Resistance from Options

Why the market looks this way?

Over the past several sessions, prices have mostly moved lower. The broader weekly trend is also pointing down. This suggests sellers remain in control, and buying carries higher risk right now.

Longer-Term Market Trend (Mid to Long Term)

Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-02-06 (ET)

As of 2026-02-06, SBET is showing signs of slowing down. Over the longer term, the trend remains bearish.

SBET last closed at 7.03. The price is about 0.1 ATR below its recent average price (7.84), and the market is currently in a trend that may be losing strength.

Short-term and long-term trends are aligned to the downside, keeping downside risk dominant.

Trend Alignment Summary

Trend score: 45 out of 100. Overall alignment is unclear. The market is currently in a late-stage trend that may be losing strength. The longer-term trend is still negative, but short-term signals are not yet confirming it.

Key Risk Level

There is no clear risk level acting as a key boundary right now.

Recent Trend Signal

On 2026-01-26, trend conditions deteriorated, suggesting that moves in the prior direction became less dependable.

Unusual Price Movement

[2026-01-27] Price moved quickly and looked strong, but participation was limited.

Recent Price Behavior

Recent bars show mixed price behavior without a clear shift in structural quality or efficiency.

Overnight Positioning

There was no clear sign of meaningful positions being carried into the overnight session.

Short Interest & Covering Risk for SBET

This analysis looks at overall short interest positioning, focusing on the broader setup rather than short-term noise.

Squeeze Score 0.67

Shows how likely a short squeeze may be under current market conditions.

Key Market Risk Indicators
Short Crowding (Short Interest / Float) 13.48%
Short Positions Trend Increasing
Liquidity Trend (Average Daily Volume) -32.94%
20-Day Return -31.61%
Price vs 20-Day High Below Recent Highs

Short Exposure Percentile

Short interest is relatively low, indicating limited pressure from short positions. (Historical percentile: 37%)

Structure Analysis

SBET Short positioning looks normal. Current days to cover is 3.7 trading days, meaning short positions would take a long time to unwind. If covering begins, price moves could be meaningfully amplified.

Bull Trap Structural Risk

Risk Summary

No clear bull trap characteristics detected. Recent price behavior remains broadly consistent with current positioning.This reading helps confirm that current price action remains structurally healthy and does not indicate elevated trap risk.

Why Price Reactions May Be Stronger?

In the latest reporting period, short interest continues to increase. Average trading volume is weakening, indicating contracting liquidity. As a result, similar news or market events could lead to price moves about 3× larger than usual.

Note: Short interest data is reported every two weeks by FINRA. The most recent snapshot is 2026-01-15 (ET).
Because this data updates slowly, it is not intended to predict short-term price moves. Instead, it helps describe longer-term market structure and where pressure may be building if prices begin to move.

Analytical Modules